Bidding modes for renewable energy considering electricity-carbon integrated market mechanism based on multi-agent hybrid game

Zhang, Xinyue; Guo, Xiaopeng; Zhang, Xingping

doi:10.1016/j.energy.2022.125616

Cited by 22 publications

(7 citation statements)

References 38 publications

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“…Simultaneously, the integration of renewables has resulted in a notable escalation in the supply cost of the power system. This necessitates the establishment of a comprehensive electricity market mechanism, encompassing both spot market and auxiliary services market 53 , to ensure equitable distribution of profits.…”

Section: Discussionmentioning

confidence: 99%

Sustainable development pathways for energies in Yangtze River Delta urban agglomeration

Xu,

Xie,

et al. 2023

Sci Rep

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The sustainable development of urban agglomerations plays a pivotal role in national and global efforts to reduce emissions. By focusing on the efficient exchange and optimization of energy consumption across various sectors, the sustainable development of energy systems within urban agglomerations can be achieved. However, the overall impact of the cross-sector energy optimization and complementarity has not been quantitatively analyzed. Here, we focused on the Yangtze River Delta (YRD) urban agglomeration in China and proposed an optimization framework for energy, environment, and economy. The framework considered four sectors: transportation sector, power sector, industry sector, and building sector, in order to determine the most sustainable development pathway for the urban agglomeration. The optimization model considers total costs and greenhouse gas emissions reduction as the objectives and utilizes technologies as constraints to optimize the pathway. We found that this optimization strategy resulted in a 53.1 billion tons increase in CO2 emissions reduction in the region. The results of emission reduction varied across sectors, ranging from 4.5 to 22.2 billion tons CO2 equivalent, and across cities, ranging from 7.1 to 4688.1 Mt. The results suggest that the core cities in the urban agglomeration can take on a leadership role. By promoting cross-sector collaboration and implementing energy recycling, the energy efficiency of surrounding cities can be greatly improved, leading to the sustainable development of the urban agglomeration.

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Section: Discussionmentioning

confidence: 99%

Sustainable development pathways for energies in Yangtze River Delta urban agglomeration

Xu,

Xie,

et al. 2023

Sci Rep

View full text Add to dashboard Cite

show abstract

“…Simultaneously, the integration of renewables has resulted in a notable escalation in the supply cost of the power system. This necessitates the establishment of a comprehensive electricity market mechanism, encompassing both spot market and auxiliary services market 54 , to ensure equitable distribution of profits.…”

Section: Discussionmentioning

confidence: 99%

Sustainable Development Pathways for Energies in Yangtze River Delta Urban Agglomeration

Xie,

Xu,

et al. 2023

Preprint

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Urban agglomerations consume energy from various sectors，such as transportation sector, industry sector, and building sector. Meanwhile, the exchange and optimization of energy consumption in these sectors contributes to the sustainable development of urban agglomeration energy systems. However, the overall impact of the cross-sector energy optimization and complementarity has not been quantitatively analyzed. Here, we focused on the Yangtze River Delta (YRD) urban agglomeration in China and proposed an optimization framework for energy, environment, and economy. The framework considered four perspectives: transportation sector, power sector, industry sector, and building sector, in order to determine the most sustainable development path for the urban agglomeration. We found that this strategy resulted in a 53.1 billion tons increase in CO2 emissions reduction in the region. The results of emission reduction varied across sectors, ranging from 4.5 to 22.2 billion tons CO2 equivalent, and across cities, ranging from 7.1 to 4688.1 Mt. The results suggest that the core cities in the urban agglomeration can take on a leadership role. By promoting cross-sector collaboration and implementing energy recycling, the energy efficiency of surrounding cities can be greatly improved, leading to the sustainable development of the urban agglomeration.

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“…Tan, Ding, Zheng, Dai, & Zhang, 2021), carbon trading mechanism (R. Wang, Wen, Wang, Fu, & Zhang, 2022), green certificate system (X. Zhang, Guo, & Zhang, 2023), and time-of-use pricing (S. Yang et al, 2020) and other related policies on the IES are discussed and analyzed, providing the important theoretical basis for the formulation of policies and regulations, and promoting the sustainable development of the IES.…”

Section: Literature Reviewmentioning

confidence: 99%

Impact of Carbon Capture (Storage) and Carbon Tax on Economic Dispatch of an Integrated Energy System

Tan,

Lin

2023

Journal of Global Information Management

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Finding the balance between economy and low emission of an integrated energy system (IES) has become one of the current research hotspots. This article introduces the carbon tax and carbon capture (storage) technology within the framework of the IES model. The IES comprises of components such as combined heat and power units equipped with carbon capture facilities, wind power generators, photovoltaic panels, and energy storage systems. The objective function of the model is the minimization of operational costs. Low-carbon economic operation dispatching problem under the constraints of energy conversion, energy balance, and operation cost is studied based on a mix-integer linear programming model. Through sensitivity analysis, this study explores the impact of varying carbon tax levels on the operational costs and emissions of an IES while considering peak and valley price differences. The emission reduction potential of the IES under different policy and technology scenarios is also estimated.

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Bidding modes for renewable energy considering electricity-carbon integrated market mechanism based on multi-agent hybrid game

Cited by 22 publications

References 38 publications

Sustainable development pathways for energies in Yangtze River Delta urban agglomeration

Sustainable development pathways for energies in Yangtze River Delta urban agglomeration

Sustainable Development Pathways for Energies in Yangtze River Delta Urban Agglomeration

Impact of Carbon Capture (Storage) and Carbon Tax on Economic Dispatch of an Integrated Energy System

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